Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Deals of the day- Mergers and acquisitions

Published 20/08/2015, 06:00 am
© Reuters.  Deals of the day- Mergers and acquisitions

(Adds Suja Life, Baines Simmons, Cia Siderúrgica Nacional)

Aug 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

** Motorola Solutions Inc (NYSE:MSI) MSI.N is in advanced talks to buy UK-based communications company Airwave Solutions Ltd as it looks to strengthen its software and services business, Bloomberg reported, citing people familiar with the matter. ID:nL3N10T4UJ

** Japan's Kirin Holdings 2503.T is set to buy Fraser and Neave's (F&N) FRNM.SI 55 percent stake in Myanmar's biggest brewer for $560 million, a person familiar with the deal said, in a move that will help it dominate one of Asia's most promising beer markets. ID:nL3N10U20G

** Britain's Air Partner Plc AIRA.L has acquired aviation safety specialist Baines Simmons for 6 million pounds ($9.4 million) to gain exposure to growing demand for air safety advice, the jet charter company said on Wednesday. ID:nL5N10U2K7

** Suja Life LLC said on Wednesday that it had sold minority stakes to Goldman Sachs Group (NYSE:GS) Inc's GS.N merchant banking division and to Coca-Cola Co KO.N , which will distribute its organic juices and smoothies. ID:nL3N10U4GR

** Enersis SA ENE.SN , the Latin American arm of Italian power generator Enel SpA's ENEI.MI , is looking for opportunities to increase its footprint in Brazil as asset prices in the country have fallen, the company's chief executive said on Tuesday. ID:nL1N10T2B7

** Swiss group Syngenta SYNN.VX plans to divest its premium flowers seeds business from its Lawn and Garden operating unit, it said on Wednesday. ID:nASB0A3I6

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

** Further writedowns on Austrian oil and gas group OMV's OMVV.VI ailing Samsun gas power plant in Turkey are possible and the facility could be sold, the head of OMV's downstream division, Manfred Leitner, told Reuters. ID:nL5N10U17J

** Online home-rental marketplace Airbnb Inc said on Tuesday it was partnering with investment firms China Broadband Capital and Sequoia China to expand into the Chinese market and find a chief executive for its operations in the country. ID:nL3N10U00R

** Nomad Foods Ltd, a frozen foods company which gets most of its revenue from Europe, plans acquisitions in the United States where it believes it can find good bargains as consumers increasingly eat fresh foods and shy away from TV dinners, the company's chief executive said in an interview. ID:nL1N10T24A

** Cia Siderúrgica Nacional SA CSNA3.SA , the debt-laden Brazilian steelmaker, is likely to decide between global advisory firms Rothschild and Lazard Ltd LAZ.N to coordinate the sale of some non-essential assets, a source with knowledge of the situation said on Wednesday. ID:nL1N10T2CP

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.